Aces High Bulletin Board

General Forums => The O' Club => Topic started by: Meatwad on September 21, 2005, 09:09:41 PM

Title: Rita and gas prices
Post by: Meatwad on September 21, 2005, 09:09:41 PM
CNN says may reach $5 a gallon due to great decreased capacity of refineries.



:cry
Title: Rita and gas prices
Post by: Tarmac on September 21, 2005, 09:30:41 PM
Filled up about three hours ago.
Title: Rita and gas prices
Post by: rpm on September 21, 2005, 09:32:26 PM
It was down to $2.45 today. I heard $3 a gallon by tomorrow.
Title: Rita and gas prices
Post by: AdmRose on September 21, 2005, 09:38:33 PM
Why can't Bush do something about mother nature?
Title: Rita and gas prices
Post by: GRUNHERZ on September 21, 2005, 09:42:09 PM
I wish we had a president with a plan to stop bad weather!
Title: Rita and gas prices
Post by: SOB on September 21, 2005, 09:54:58 PM
I wish the retards who actually blame the president for the bad weather weren't drowned out by the retards who sarcastically blame the president for the bad weather.

It was $1.59/gal on the way home today, but I didn't think to fill up.  We'll see where it is tomorrow morning. :)
Title: Rita and gas prices
Post by: Fishu on September 21, 2005, 10:07:04 PM
Quote
Originally posted by AdmRose
Why can't Bush do something about mother nature?


Bush is a very zealous person...  so we could say it is gods way of trying to tell him that hes ****ing up the world.
Title: Rita and gas prices
Post by: Eagler on September 21, 2005, 10:25:42 PM
it'll get to $5 but don't worry ..

it'll drop to $3.50 and everyone will be happy again as they fill their v8 suv single driver vehicle for the trip to the local mall
Title: Rita and gas prices
Post by: Meatwad on September 21, 2005, 10:27:01 PM
Come on, dont get my thread closed you hosers!!! :p
Title: Rita and gas prices
Post by: AdmRose on September 21, 2005, 10:38:24 PM
Quote
Originally posted by Fishu
Bush is a very zealous person...  so we could say it is gods way of trying to tell him that hes ****ing up the world.


:rofl
Title: Rita and gas prices
Post by: Holden McGroin on September 21, 2005, 10:46:37 PM
Quote
Originally posted by SOB
I wish the retards who actually blame the president for the bad weather weren't drowned out by the retards who sarcastically blame the president for the bad weather.
 


I'd like to file a complaint about people who hold things up by complaining about those who complain.  It's about time something was done about it.
Title: Rita and gas prices
Post by: SOB on September 22, 2005, 01:26:43 AM
I agree with Holden Johnson!
Title: Rita and gas prices
Post by: Hangtime on September 22, 2005, 01:48:29 AM
my cat's bellybutton smells like tuna.

it's the boosh.
Title: Rita and gas prices
Post by: laho on September 22, 2005, 02:37:06 AM
Quote
Originally posted by AdmRose
Why can't Bush do something about mother nature?


Yes, he really can do something if he wants to!

Kyoto Protocol (http://en.wikipedia.org/wiki/Kyoto_Protocol)

Just My2Cents from faaaar away.
Title: Re: Rita and gas prices
Post by: beet1e on September 22, 2005, 04:30:13 AM
Quote
Originally posted by Meatwad
CNN says may reach $5 a gallon due to great decreased capacity of refineries.
Catching up with Britain - LOL!

Would you believe I paid £1.08 for a litre of diesel on a remote Scottish island earlier this month. At today's exchange rate that's $1.94 - for a litre!!! OK, it costs money for fuel to be shipped to those islands. On the mainland it was a mere 99p, like at home. But just yesterday when I filled up, it was down to 93p. Rita will be a blip.  
Quote
"it'll drop to $3.50 and everyone will be happy again as they fill their v8 suv single driver vehicle for the trip to the local mall" - eagler :lol
That's part of the problem - seems some people refuse to buy more fuel efficient vehicles, so demand keeps the price sky high.
Title: Rita and gas prices
Post by: Wilbus on September 22, 2005, 05:40:18 AM
Quote
Originally posted by AdmRose
Why can't Bush do something about mother nature?


He's already done something. We're seeing the results now.
Title: Rita and gas prices
Post by: Nilsen on September 22, 2005, 05:59:05 AM
Not gonna sell my shares in Statoil just yet.

We got 1000 shares each back in 2001 when they were @ 66 NOK and Statoil went public. They are are now @ 165,50 NOK.

Wonder if they reach 200 before xmas. :)
Title: Rita and gas prices
Post by: lazs2 on September 22, 2005, 08:06:16 AM
I have found that the oil companies and distributors are more than happy to raise the price of gas to whatever the news media tells em to.

We could put on our blue tinfoil hat and march for kyoto tho...

If you think our government is bad.... imagine a one world government controling something.

lazs
Title: Rita and gas prices
Post by: Shifty on September 22, 2005, 08:30:53 AM
Quote
Originally posted by laho
Yes, he really can do something if he wants to!

Kyoto Protocol (http://en.wikipedia.org/wiki/Kyoto_Protocol)

Just My2Cents from faaaar away.


Yeah that will help.:rofl  Have the U.S. pay for everybodys problems.  No thanks.    What would these storms be blamed on had he signed the Kyoto agreement???
Title: Rita and gas prices
Post by: lazs2 on September 22, 2005, 08:34:40 AM
yep... let the U.S. pay.  that is the whole idea behind one world government and the U.N.

bring everyone down to the lowest possible level (except the ruling class of course).

lazs
Title: Rita and gas prices
Post by: Curval on September 22, 2005, 08:50:54 AM
$6.50 a gallon here.

Thank goodness I live in a small place so the wife and I don't have to drive far.
:(
Title: Rita and gas prices
Post by: laho on September 23, 2005, 02:56:01 AM
Quote
Originally posted by Shifty
Yeah that will help.:rofl  Have the U.S. pay for everybodys problems.  No thanks.    What would these storms be blamed on had he signed the Kyoto agreement???


I think global warming is everybodys problem, even yours. And if you read a little bit more about warming you'll end up to hurricanes...

Global Warming (http://en.wikipedia.org/wiki/Global_warming)

"Such changes may increase extreme weather events such as floods, droughts, heat waves, and hurricanes, reduce agricultural yields, or cause biological extinctions."

Less pollution -> less global warming -> less hurricanes.

That's why U.S should also pay attention to everybodys problems. And do something for example to this:
Compare EUs & US. (http://en.wikipedia.org/wiki/Image:Carbon_Emission_by_Region.png)

BTW, we don't have hurricanes here in northern part of Europe, yet.

But you're just worried about gas prices, way to go :(
Title: Re: Re: Rita and gas prices
Post by: mora on September 23, 2005, 03:13:14 AM
Quote
Originally posted by beet1e
But just yesterday when I filled up, it was down to 93p. Rita will be a blip.   That's part of the problem - seems some people refuse to buy more fuel efficient vehicles, so demand keeps the price sky high.

That's outrageous, is Diesel still more expensive there than gasoline? I filled up today at €0.95/l... Diesel is darn expensive here too, but it's still 25% cheaper than gasoline. Plus the yearly Diesel tax which is €70 for my Escort van. I might truck some diesel from Russia next summer, it's around €0.3/l there.
Title: Re: Re: Re: Rita and gas prices
Post by: Wolfala on September 23, 2005, 03:37:38 AM
Quote
Originally posted by mora
That's outrageous, is Diesel still more expensive there than gasoline? I filled up today at �0.95/l... Diesel is darn expensive here too, but it's still 25% cheaper than gasoline. Plus the yearly Diesel tax which is �70 for my Escort van. I might truck some diesel from Russia next summer, it's around �0.3/l there.


CAn you float a tanker barge over to San Fran for me while yr at it?
Title: Rita and gas prices
Post by: J_A_B on September 23, 2005, 04:22:35 AM
"That's part of the problem - seems some people refuse to buy more fuel efficient vehicles, so demand keeps the price sky high."

Show me a car that gets 50 MPG that isn't also an unsafe little piece of crap or doesn't cost so much as to offset whatever fuel savings you might make.  When the POTUS starts driving around in a flimsy little pice of junk like a Honda Civic, I will too.  My Buick with its V-8 averages around 22 MPG in normal driving (not highway) which is more than reasonable.  Put it on a highway and it gets up near 30 MPG.   Unlike a Civic, the Buick isn't a pathetic deathtrap.  I've cleaned up enough crashes to know, and I've been involved in a few myself.

Demand alone isn't keeping the price of petrol high.  Demand combined with an artificially choked up supply (deliberately limited refinery capacity) of a product with too little regulation is keeping the price high.  Make no mistake--the companies love making their record profits.  

It's laissez-faire capatialism at work, just like the late 1800's.  The companies get richer and greedier, and the people lose.  Gee, I sound almost like a socalist, except I don't trust the government any more than I trust Exxon.


J_A_B
Title: Rita and gas prices
Post by: Sundowner on September 23, 2005, 05:09:41 AM
Show me a car that gets 50 MPG that isn't also an unsafe little piece of crap or doesn't cost so much as to offset whatever fuel savings you might make. When the POTUS starts driving around in a flimsy little pice of junk like a Honda Civic, I will too. My Buick with its V-8 averages around 22 MPG in normal driving (not highway) which is more than reasonable. Put it on a highway and it gets up near 30 MPG. Unlike a Civic, the Buick isn't a pathetic deathtrap. I've cleaned up enough crashes to know, and I've been involved in a few myself.

My armor of choice :)

(http://www.onpoi.net/ah/pics/users/612_1111539348_vic1.jpg)

Lord Vader, your car is ready.

Regards
Sun
Title: Rita and gas prices
Post by: beet1e on September 23, 2005, 05:14:36 AM
Quote
Originally posted by J_A_B
Show me a car that gets 50 MPG that isn't also an unsafe little piece of crap or doesn't cost so much as to offset whatever fuel savings you might make.
How about mine - VW Golf GTi with the TDi-150 engine. I drove it from Scotland down to the Midlands 2 Sundays ago, a distance of 430 miles. Much of the motorway driving was done in the 80/90mph speed range. On that trip, I averaged 52mpg and still had ¼ tank of fuel remaining at the end of it. It is not an unsafe piece of crap. VW builds good quality cars and indeed, as Mr. Toad pointed out in the Raider/seatbelt thread
Quote
As I said before, consider the "utopian" ideal: everyone driving around in a Volkswagen Passat GLX (V6) (rated #1 in class for safety)
It doesn't cost a lot to run - it needs servicing/oil change once every 18,000 miles with my driving pattern. Insurance is reasonable. The biggest cost of owning a car is depreciation. But with high fuel prices, there is strong demand for fuel efficient cars, so resale values on cars like mine are strong.
Title: Rita and gas prices
Post by: J_A_B on September 23, 2005, 06:02:16 AM
Beet1e--I know we've had this discussion before and it's somewhat off-topic for the thread, but it's too much fun to resist.

In a single-car crash, I'll grant you that the Golf will do quite well--better than my Roadmaster in fact.

If you get hit by another VW (or a lorry for that matter), will you admit that you'd be safer in my Buick than in your Golf?  

I guess it depends on what you want to protect yourself from.  I want a vehicle that will protect me from the other guy.  A small car simply doesn't do that as well as a larger vehicle.

J_A_B
Title: Rita and gas prices
Post by: Nilsen on September 23, 2005, 06:13:37 AM
Who will be the first to admit that he just really _wants_ to have a big car with a big engine and that it has nothing to do with safety or need at all? ;)
Title: Rita and gas prices
Post by: Eagler on September 23, 2005, 07:01:39 AM
if the number of tanks on the road is reduced by ppl not buying/driving them, the chance you getting hit by one is also reduced

the argument I would give is comfort. Drive over 300 in a golf, then drive the same 300 in SD's buick. Geography of the states lends itself to larger vehicles for that alone though the SUV craze is retardedly overboard around here
Title: Rita and gas prices
Post by: Shifty on September 23, 2005, 07:06:37 AM
Quote
Originally posted by laho
I think global warming is everybodys problem, even yours. And if you read a little bit more about warming you'll end up to hurricanes...

Global Warming (http://en.wikipedia.org/wiki/Global_warming)

"Such changes may increase extreme weather events such as floods, droughts, heat waves, and hurricanes, reduce agricultural yields, or cause biological extinctions."

Less pollution -> less global warming -> less hurricanes.

That's why U.S should also pay attention to everybodys problems. And do something for example to this:
Compare EUs & US. (http://en.wikipedia.org/wiki/Image:Carbon_Emission_by_Region.png)

BTW, we don't have hurricanes here in northern part of Europe, yet.

But you're just worried about gas prices, way to go :(


The earth has always gone through warming and cooling stages and always will. With or without mans help.  If your worried about greenhouse gases and polution causing it, maybe you should look and see what countrys have done the most to control polution. That would be the U.S. Some of the countrys with the worst record of polution are 3rd world countrys and ex-Warsaw pact countrys. Wasn't Finland a member of the Warsaw pact?

Global warming causing hurricanes is a nice try, but there have always been hurricanes some of the worst before anyone even knew or thought about global warming. Also experts told us all through the 90's that the El-Nino effect in the pacific was caused by Global Warming. The El-Nino effect disrupted weather , and  the fishing industry on our west coast and the weather in  America from coast to coast. Well The El-Nino effect is also a Hurricane Killer causing the a disruption in the  weather systems that produce Hurricanes.
So which is it? El- Nino, or Hurricanes?? You can't blame both on Global warming.  Signing a piece of paper to make a bunch of global eco -hacks feel important would do nothing to help with any of this.

"But you're just worried about gas prices, way to go :("


Did I ever mention I was worried about gas prices?? No I didnt , another nice try though.

BTW, we don't have hurricanes here in northern part of Europe, yet. [

Thats great I'm very happy for you. Since you don't have to spend time dealing with the problems of this country, maybe you could come up with solutions for problems Finland does have and not expect America to pay for it. Or even better don't blame our leaders for your problems or your lack of problems that you want to sit around and compulse over anyway.


:aok
Title: Rita and gas prices
Post by: beet1e on September 23, 2005, 07:14:40 AM
J_A_B, I don't think my chances of surviving being hit by a large truck are worsened by driving a Golf as opposed to any other car. I don't intend to find out! But I don't think the fact that a Golf would come off the worse for it means that it's an "unsafe little piece of crap"! It's not so different from the Passat (ranked #1 for safety in the US) and in years gone by the Passat was even available with the same TDi engine that I have, so it follows that the ultrasafe Passat could also manage 50mpg.

However, I'm getting an Audi soon. :)
Title: Rita and gas prices
Post by: laho on September 23, 2005, 07:48:28 AM
Quote
Originally posted by Shifty

:aok


Whatever...

I hope you're well after Rita and see you in the virtual sky after that :aok
Title: Rita and gas prices
Post by: lazs2 on September 23, 2005, 08:02:05 AM
nielsen... for a toy I like my little car... A 55 Healey with a 400 hp chevy V8 in it..

For getting around I like big cars...  I drive a 69 chevelle and a late model Lincoln Town car...  I like both of those cars.. the are big and comfy.

and lola... your chart is a little missleading... It lumps canada in with the U.S. (surprised they didn't add mexico) and it is a total pollution not based at all on production.   I bet that the U.S. has stricter polution laws than any other country.

lazs
Title: Rita and gas prices
Post by: Nilsen on September 23, 2005, 08:18:15 AM
Quote
Originally posted by lazs2
I bet that the U.S. has stricter polution laws than any other country.

lazs


Where did you find that info?
Title: Rita and gas prices
Post by: lazs2 on September 23, 2005, 08:35:41 AM
I didn't... I said I bet..  I recall that we wouldn't let foreign cars into our country for a decade because they couldn't pass our smog laws.... yu guys owe kyoto a decade worth of polution right there...

I see that our new low sulfur diesel is much more stringent than yours...  

Our water quality laws are more stringent than any I have seen anywhere else (unless you have other data).

lazs
Title: Rita and gas prices
Post by: laho on September 23, 2005, 08:44:03 AM
Quote
Originally posted by lazs2

and lola... your chart is a little missleading... It lumps canada in with the U.S. (surprised they didn't add mexico) and it is a total pollution not based at all on production.   I bet that the U.S. has stricter polution laws than any other country.

lazs


If I'm lola... just use you Google with "most polluting country"

and you end up for example this:
Carbon dioxide (http://www.nationmaster.com/graph-T/env_pol_car_dio_fro_fos_fue_200)

No Canada anymore. Even China and Russia are far behind U.S.

More stats on the same page: Related stats ->

You're not THAT bad in Fresh water pollution (http://www.nationmaster.com/graph-T/env_wat_fre_pol) although you're doing your best in many many other areas.

But to be honest, I don't know much of this topic. I'm just a computer engineer who trust on written data :aok
Title: Rita and gas prices
Post by: Shifty on September 23, 2005, 08:49:11 AM
Quote
Originally posted by laho
Whatever...

I hope you're well after Rita and see you in the virtual sky after that :aok


Thank you laho.:)

Our biggest problem will be the possibility of Tornados and flooding this far north. We've still got Hurricane Katrina victims living in our church , and  we're pressed for room to help the newest round of people  fleeing North from Rita. Many are moving on to Oklahoma instead of stopping here. I hope everyone affected by both these storms get help , and can rebuild their live's soon. Texas has done a lot for the Katrina victims, but so has the rest of the U.S. and many other of the worlds nations. Hopefully  the Hurricane season will pass soon and everyone can catch their breath.

If you ever come to Texas look me up. I suggest early spring or late autum though. Any other time your too hot , too cold, or dodging Tornados. We love visitors though no matter what season.:aok
Title: Rita and gas prices
Post by: Nilsen on September 23, 2005, 08:50:03 AM
Quote
Originally posted by lazs2
I didn't... I said I bet..  I recall that we wouldn't let foreign cars into our country for a decade because they couldn't pass our smog laws.... yu guys owe kyoto a decade worth of polution right there...

I see that our new low sulfur diesel is much more stringent than yours...  

Our water quality laws are more stringent than any I have seen anywhere else (unless you have other data).

lazs


Were do you see that "your new low sulfur diesel is much mors stringent than ours" ?

Were have you seen or read that your water quality laws are more stringent than anywere else?
Title: Rita and gas prices
Post by: lazs2 on September 23, 2005, 08:51:16 AM
uh lola... you should read your own chart and see that there are lots of categories even PER CAPITA ones... the U.S. is behind a lot of other countries in most every category.

You should probly be slamming australia and handing them a great big kyoto bill.

lazs
Title: Rita and gas prices
Post by: lazs2 on September 23, 2005, 08:52:36 AM
nielsen... our new sulpur laws are 7-14 ppm... yours are 50 ppm.

I just get the water stuff through the trades papers but you are welcome to prove me wrong.

lazs
Title: Rita and gas prices
Post by: VOR on September 23, 2005, 09:00:47 AM
Incidences and frequencies of hurricanes hitting the gulf costal region of the US has everything to do with the Kyoto protocol, Bush, and SUV's and nothing to do with the industrial revolution, gulf stream, latitude or the rotation of the Earth.
Title: Rita and gas prices
Post by: Shifty on September 23, 2005, 09:08:57 AM
Quote
Originally posted by VOR
Incidences and frequencies of hurricanes hitting the gulf costal region of the US has everything to do with the Kyoto protocol, Bush, and SUV's and nothing to do with the industrial revolution, gulf stream, latitude or the rotation of the Earth.


***** Five Star Sig Box Vor.:aok
Title: Rita and gas prices
Post by: Nilsen on September 23, 2005, 09:19:08 AM
Quote
Originally posted by lazs2
nielsen... our new sulpur laws are 7-14 ppm... yours are 50 ppm.

I just get the water stuff through the trades papers but you are welcome to prove me wrong.

lazs


Isnt it 15 ppm from 2006?
Its 10 ppm here from 2009.


You are making the claim regarding the water so you provide the evidence.
Title: Rita and gas prices
Post by: Charon on September 23, 2005, 10:18:59 AM
Actually, Europe and US ultra low sulfur diesel levels are comprable, and are being phased in during a comprable timeframe (with a little more leeway in Europe). It's going to be a painful transition, but the end results should pay off in 2015 or so with a 95 percent reduction in emissions. The issues are that there will likely be some notable disruptions in the US market in 2007-2008 and that price will be higher, from several cents to 10s of cents during this period.

Charon
Title: Rita and gas prices
Post by: DoctorYO on September 23, 2005, 10:32:09 AM
I think you fellas are missing the point..

About ten years ago the major companies  went on a mission of gobbling up all the mom and pop refineries (private owned refineries were struggling with the new enviro laws and were ripe for takeover) on a huge market consolidation..  using this ENRON model of gobbling up capacity then gutting the refinery capacity to form a another road to artificially gouge the consumer..(it was like 28 bucks per barrel and opec was happy..us oil industry not so happy.. more cost =  more profit margin, basic business for middlemen..)

 Much like Enron and the California energy crisis;  Now they are reaping the rewards of their effort at the expense of gutting our nation..  note the record profits on every major in the oil industry and our current refinery shortage as proof of concept on these various tactics..

Now some may say mother nature this or that..  do your research on refinery capacity about 10 years ago and refinery capacity now..   there is a pattern of less refineries more production from less refineries..  While this is a expected business model to keep cost down for the producers we now see the strategy of keeping all our eggs in one basket..  any disruptions from a storm to a pipe blowout now causes major disruption to the gas futures in this country..  hence making it 50+ dollars to fill your tank of gas..

While i commend the oil companies for the excellent business acumen to legitimately gouge us with little govt oversite thru the use of special interest  What they fail to realise is that this country is completely dependent on oil / energy for every aspect of our american lives..(trucker nation)  And by exhibiting unbridled greed they are deep sixing our economy.. (we are not even talking katrina / rita costs yet..)

Check your current inflation index..  its not pretty..  and getting worse..  the feds already reacted and will react more if necessary..  That will deepsix the housing market (new stock market bubble) because of undesirable loans.. watch for a increase in forclosure also driving the bank loan rate even higher..

Another scenario is we're not even into winter yet, when the markets pick up to the rise in demand of heating oil..if we have a bitter winter watch out, im thinking 5-6$ a gallon.. (regardless of rita / katrina) (fellas novemeber is the end of storm season still plenty of time for another)

Opec has raised production and there is no shortage of crude on the market..  the current bull run on oil is specualtion driven, futures..  setting off a feeding frenzy..

The problem is the refineries and their consolidation tactics..

Grab your futures now becuase once winter hits expect fuel to go thru roof..(if rita hits hard then it will go thru the roof now and to the moon in winter.....)

Also do you think that the oil industry should be more regulated..  IMO they do..  they are the lifeblood for our current economy and any change or disruption has adverse effects on our entire society..

Free market is great when everybody plays by the rules..  as we can see not everybody does..  Enron being the most recent example of unbridled greed at the expense of a nation..  surprisingly they got caught.. red handed price fixing, I wish the same scenario would befall the current oil majors for their syndicate type tactics..

the oil majors are following Enrons model to a T...the similarities are amazing..


2 cents.


DoctorYo


PS: this isn't conspiracy theory..  its human nature greed theory..
Title: Rita and gas prices
Post by: Krusher on September 23, 2005, 10:57:33 AM
Quote
Originally posted by laho
Yes, he really can do something if he wants to!

Kyoto Protocol (http://en.wikipedia.org/wiki/Kyoto_Protocol)

Just My2Cents from faaaar away.




We should sign it then pretty much ignore it like the rest of the world.
Title: Rita and gas prices
Post by: Shifty on September 23, 2005, 11:01:20 AM
Quote
Originally posted by DoctorYO
I think you fellas are missing the point..

About ten years ago the major companies  went on a mission of gobbling up all the mom and pop refineries (private owned refineries were struggling with the new enviro laws and were ripe for takeover) on a huge market consolidation..  using this ENRON model of gobbling up capacity then gutting the refinery capacity to form a another road to artificially gouge the consumer..(it was like 28 bucks per barrel and opec was happy..us oil industry not so happy.. more cost =  more profit margin, basic business for middlemen..)

 Much like Enron and the California energy crisis;  Now they are reaping the rewards of their effort at the expense of gutting our nation..  note the record profits on every major in the oil industry and our current refinery shortage as proof of concept on these various tactics..

Now some may say mother nature this or that..  do your research on refinery capacity about 10 years ago and refinery capacity now..   there is a pattern of less refineries more production from less refineries..  While this is a expected business model to keep cost down for the producers we now see the strategy of keeping all our eggs in one basket..  any disruptions from a storm to a pipe blowout now causes major disruption to the gas futures in this country..  hence making it 50+ dollars to fill your tank of gas..

While i commend the oil companies for the excellent business acumen to legitimately gouge us with little govt oversite thru the use of special interest  What they fail to realise is that this country is completely dependent on oil / energy for every aspect of our american lives..(trucker nation)  And by exhibiting unbridled greed they are deep sixing our economy.. (we are not even talking katrina / rita costs yet..)

Check your current inflation index..  its not pretty..  and getting worse..  the feds already reacted and will react more if necessary..  That will deepsix the housing market (new stock market bubble) because of undesirable loans.. watch for a increase in forclosure also driving the bank loan rate even higher..

Another scenario is we're not even into winter yet, when the markets pick up to the rise in demand of heating oil..if we have a bitter winter watch out, im thinking 5-6$ a gallon.. (regardless of rita / katrina) (fellas novemeber is the end of storm season still plenty of time for another)

Opec has raised production and there is no shortage of crude on the market..  the current bull run on oil is specualtion driven, futures..  setting off a feeding frenzy..

The problem is the refineries and their consolidation tactics..

Grab your futures now becuase once winter hits expect fuel to go thru roof..(if rita hits hard then it will go thru the roof now and to the moon in winter.....)

Also do you think that the oil industry should be more regulated..  IMO they do..  they are the lifeblood for our current economy and any change or disruption has adverse effects on our entire society..

Free market is great when everybody plays by the rules..  as we can see not everybody does..  Enron being the most recent example of unbridled greed at the expense of a nation..  surprisingly they got caught.. red handed price fixing, I wish the same scenario would befall the current oil majors for their syndicate type tactics..

the oil majors are following Enrons model to a T...the similarities are amazing..


2 cents.


DoctorYo


PS: this isn't conspiracy theory..  its human nature greed theory..


What you say makes a lot of sense. Seeing how dependent we are on oil/gas is scary. The fact is though we are , and looking to squril **** powered cars is not the answer. I don't know what the answer is , but there needs to be a major change in the way this business is conducted. Theres too much weakness in the current  method that can be exploited by enemies, and greed. IMHO
Title: Rita and gas prices
Post by: Nilsen on September 23, 2005, 11:05:18 AM
Quote
Originally posted by Krusher
We should sign it then pretty much ignore it like the rest of the world.


What countries are ignoring it and how?
Title: Rita and gas prices
Post by: Krusher on September 23, 2005, 01:19:08 PM
Quote
Originally posted by Nilsen
What countries are ignoring it and how?


China, India, Brazil, Iran and 40+ other countries who have agreed to it.  

Lets see, As a whole the EU's has gone up. The UK's has gone up 3 percent since 2000.  Canada's has increased 21 percent since 1990.  The so called developing world has gone up 37 percent.  They (the UN) tried to say that overall it has dropped 5 percent, but that was mainly from the economic restructuring of the old Soviet Union.  (see the UN's web page)

You could point to a few success stories, maybe Norway who is a big league exporter of oil but a minor player in any other industry.  How easy would it be if they actually had to produced something to pay for all those social programs :)

Look, IMO Kyoto is a failure and it is never going to meet its goals.  Feel free to bash the big bad USA and Bush for realizing that Kyoto is nothing more than a Robin Hood plan.

BTW if China and India continue on their current path the the USA's carbons should drop on their own.
Title: Rita and gas prices
Post by: Nilsen on September 23, 2005, 01:22:43 PM
Quote
Originally posted by Krusher
You could point to a few success stories, maybe Norway who is a big league exporter of oil but a minor player in any other industry.  How easy would it be if they actually had to produced something to pay for all those social programs :)


nice try Krusher :rofl

In 1999 oil and gas only accounted for 35% of the exports.
Title: Rita and gas prices
Post by: Krusher on September 23, 2005, 07:09:23 PM
Quote
Originally posted by Nilsen
nice try Krusher :rofl

In 1999 oil and gas only accounted for 35% of the exports.




Only?
Title: Rita and gas prices
Post by: Nilsen on September 24, 2005, 02:21:53 AM
yes
Title: Rita and gas prices
Post by: JTs on September 24, 2005, 01:53:24 PM
you should be worring about the price of and avalability of disel fuel.  just think what the price of everything will be when fuel hits $5 a gallon
Title: Rita and gas prices
Post by: Krusher on September 25, 2005, 09:30:54 PM
Quote
Originally posted by Krusher

Look, IMO Kyoto is a failure and it is never going to meet its goals.  Feel free to bash the big bad USA and Bush for realizing that Kyoto is nothing more than a Robin Hood plan.



It looks like Tony Blair is coming around

Link (http://www.telegraph.co.uk/news/main.jhtml;jsessionid=0NOBT5M3AQWRHQFIQMGCM54AVCBQUJVC?xml=/news/2005/09/25/nkyoto25.xml&sSheet=/portal/2005/09/25/ixportal.html)

Tony Blair has admitted that the fight to prevent global warming by ordering countries to cut greenhouse gases will never be won.
The Prime Minister said "no country is going to cut its growth or consumption" despite environmental fears.

Mr Blair's comments, which he said were "brutally honest",
Title: Rita and gas prices
Post by: beet1e on September 26, 2005, 07:46:25 AM
Krusher,

I read that article. Did you read the last paragraph?
Quote
A Downing Street spokesman said last night: "The Prime Minister's comments should not be taken out of context. He has said on numerous occasions that the Kyoto protocol was and is crucial and the fact that 156 countries have signed up to it is an enormous achievement."
Take anything that Blair says with a pinch of salt. He is the master of spin.

Last night he was on the 10pm news in an interview. Of the National Health Service he said words to the effect that he wanted it to become so good that people would not feel tempted to buy into private medical care, even if they could afford it. LOL! - That scenario is unlikely to exist in the next 100 years.
Title: Rita and gas prices
Post by: Krusher on September 26, 2005, 12:07:57 PM
Quote
Originally posted by beet1e
Krusher,

I read that article. Did you read the last paragraph?  Take anything that Blair says with a pinch of salt. He is the master of spin.

Last night he was on the 10pm news in an interview. Of the National Health Service he said words to the effect that he wanted it to become so good that people would not feel tempted to buy into private medical care, even if they could afford it. LOL! - That scenario is unlikely to exist in the next 100 years.


It still dosn't change the bottom line..

Kyoto will never work.
Title: Rita and gas prices
Post by: Nashwan on September 26, 2005, 12:34:05 PM
Blair signed Britain up to Kyoto. Since then his government has poured a fortune into wind power, which they believed would reduce fossil fuel use for power generation. They opposed nuclear power on ideological grounds (Blair was himself a member of CND in the 80s)

Of course, wind power has turned out to be a waste of time, and is contributing only a tiny amount of generation. As a result, more coal is being burned, and Britain is actually increasing it's emissions, not reducing them.

Blair is trying to spin away his failure before it becomes an issue, by moving beyond Kyoto.